Exceptional investment opportunity in highly desirable Coconut Grove! This well-maintained fourplex features four spacious 2-bedroom, 1.5-bathroom units (875 Square Feet per unit), each offering a private patio as well as an exclusive rooftop terrace?an uncommon and highly desirable feature for star gazers. The gated property provides secure access and includes parking for two vehicles per unit.Each unit has its own separate folio number, creating a rare opportunity for a potential condo conversion or flexible ownership structure. All units are currently occupied by long-term tenants, providing immediate income, with rents currently below market rates and strong upside potential for increased revenue.Ideally located near the parks, marinas, dining, shopping, and waterfront lifestyle that make Coconut Grove one of Miamis most sought-after neighborhoods, this property offers both stable cash flow and long-term appreciation potential.DO NOT DISTURB TENANTS. Showings by appointment only after executed contract.
Listed By
Agency Name: Grove Town Properties, Inc.
Agency Phone: 786-554-8947
Shown By
Agent Name: Karen Rainer, Concierge Realtor
Agent Phone: (561) 777-4440
Agency Title: Realty 100
Estimated Payment
$ 10,497.87 per month $6,676.70 Principal & Interest $2,946.17 Property Tax $875.00 Homeowner's Insurance
2945 Coconut Ave | MLS# A11977562
This multi-family property located at 2945 Coconut Ave, Miami, FL 33133 is currently listed for sale with an asking price of $3,000,000. Search Miami real estate on www.bettercallkaren.com today.